Bidding wars are inevitable. In today’s hot market, you need to be ready to compete with other buyers if you want to win the home of your dreams. But it’s important to not get too carried away in the process. Otherwise, you could end up offering more than you can afford. How can you best prepare yourself to win in this raging market? Here
The purchase and sale process can become extremely complex, especially when there are multiple parties involved. Too often, important details are missed and costly mistakes are made that render transactions dead and spark potential lawsuits. That’s why a real estate lawyer is often included as part of the process. Here are 5 situations that require a real estate lawyer that you should know about.
The following are the programs offered in Ontario for eligible First Time Home Buyers: Land Transfer Tax Rebate (LTT rebate) Home Buyers’ Plan (HBP) and RRSP withdrawalGST/HST New Housing RebateFirst Time Home Buyer Incentive (2nd Mortgage)Home Buyers' Amount – Federal Tax Credit Land Transfer Tax Rebate What is it? The Land Transfer Tax (LTT) rebate is offered to first time home buyers in Ontario. The